Warren Buffett often jokes that he gets a quarter of his daily caloric intake from Coca-Cola. But an investment firm is suggesting that Kraft Heinz, which Buffett’s Berkshire Hathaway owns a nearly 27 percent stake in, may want to buy Coke rival Pepsi.
Fixed income research shop CreditSights said in a report this week that Kraft Heinz (KHC) appears to still be itching to do a deal.....More>>>
We honestly wouldn’t be surprised if we saw somebody come in and make a bid for Mylan (NASDAQ:MYL) at this stage in the game.
We have written several articles talking about why we think the company is significantly undervalued, and now that some of the gray skies have cleared from in front of the company and it has settled with the Department of Justice, we believe....More>>>
Related CSCO Cisco, McDonald's, Red Hat, United Continental: Fast Money Picks For February 16 Keep an Eye on These 12 Stocks for February 16, 2017 Social Media Insights: All Talk And No Action (Seeking Alpha) Related AVP Keep an Eye on These 12 Stocks for February 16, 2017 Earnings Scheduled....More>>>
It may be high time for stock-market bears to throw in the towel. All the pundits and prognosticators side-eyeing (that means, a sidelong glance or gaze, especially when expressing scorn, suspicion, disapproval, or veiled curiosity, according to Merriam-Webster) record-breaking equity indexes must be feeling awfully close to the point of capitulation, right about now.
1. Jobs report: On Friday, the U.S. Labor Department will release its February jobs report.
It’s the second jobs report for President Trump, but the first one that evaluates the country’s employment situation under his leadership (last month’s jobs survey was conducted in the second week of January while President Obama was finishing out his term).
WiLAN (NASDAQ:WILN) manages the intellectual property of third party inventors to ensure they receive fair compensation for their investment in research and development. By enabling patent owners to sell or license patented intellectual property, WiLAN helps provide a financial incentive for inventors to invest in the development of new technologies.
WiLAN has gone through several difficult....More>>>
The Federal Open Market Committee (FOMC) is sticking to the status quo despite sufficient support from economic data for the policy rate hike this year. On November 8, 2016, citizens of the United States will vote for the next president, and now it seems unlikely that the Fed will raise interest rate in November meeting.
In an interview with CNBC, Cleveland Fed President Loretta Mester said;
Amazon.com Inc. (NSDQ:AMZN) is off to a great start to shopping season 2016. Starting with the record (Non-Prime day) number of Prime subscription sign-ups on the launch day of The Grand Tour,over a week ago, to the strong sales in the just concluded Thanksgiving weekend and the latest announcement of onboarding shipping giant Matson onto its cloud service, Amazon is clearly firing on all cylinders.....More>>>
With all the concerns about trade wars, tariffs, and a U.S. dollar that is as strong as it has been in nearly 15 years, 2017 is the perfect time to think small and buy local, suggests Jim Lowell, a specialist in the Fidelity family of funds and editor of Fidelity Investor.
Indeed, the strong dollar makes U.S. large cap exports more expensive and hence less competitive overseas.
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins